Business

FPT targets $2.07 billion in revenue this year

Released at: 18:08, 03/02/2016

Target a 14.5% increase after revenue grows 14% in 2015.

by Ngoc Chi

Based on its 2015 results, FPT has targeted revenue of nearly VND46 trillion ($2.07 billion) this year, up 14.5 per cent compared to last year. Pre-tax profit is expected to reach VND3.15 trillion ($141.75 million), up 10.5 per cent.

In its latest report, released on February 2, FPT announced revenue in 2015 of over VND40 trillion ($1.8 billion), up 14 per cent compared to 2014 and representing 101 per cent of its plan. Profit before tax was over VND2.8 trillion ($126 million), up 16 per cent, while profit after tax was VND2.4 trillion ($108 million), up 17 per cent.

Technology, including software development, systems integration, and information technology services, recorded revenue of VND8.6 trillion ($387 million) in 2015, up 22 per cent, with profit before tax of VND926 billion ($41.67 million), up 25 per cent.